691 Mcdaniel SW St Atlanta, GA 30310
This exceptional 0.092-acre lot at 691 McDaniel St, Atlanta, GA 30310 presents a remarkable investment opportunity. Zoned C2, it offers the flexibility to develop single-family or multi-family residential units, subject to minimal county review. The property is largely cleared, boasting excellent street frontage. Built in 1964, this special purpose property is ideally situated in a thriving neighborhood with nearby homes valued in the $400,000 to $500,000 range, indicating strong market demand. The location provides convenient access to major attractions, including the Georgia Aquarium, Zoo Atlanta, Centennial Olympic Park, and Georgia State University, all within less than ten minutes. The presence of both residential and commercial properties in the immediate vicinity further underscores the diverse development potential of this site. This is a rare chance to acquire a strategically located parcel in a high-growth area of Atlanta, offering endless possibilities for savvy investors and developers. The asking price is $110,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C2 · Atlanta, GAAtlanta. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.